Fiat suspends investment at ex-Bertone plant

Newswire

TURIN, March 23 (Reuters) - Italian carmaker Fiat has suspended a 500 million euro ($710 million) investment into a Turin plant as it did not manage to reach an agreement with union FIOM over a new labour contract at the site. Fiat, Italy's biggest industrial group, had planned the investment to start producing a new Maserati model at the plant, which it took over from bankrupt Bertone. "FIOM's current stance does not create the necessary conditions to reach our plan's objective and are ...

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